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In the first quarter of this year economic expansion hit an 18-month high of 6.9 percent year-on-year. Cheng Shi, chief economist of ICBC International, noted the rebound was mainly driven by the fiscal, monetary and exchange-rate easing expansion in the fourth quarter of year 2015; this boost is not expected to continue beyond the second quarter of this year.

In the face of rising trade protectionism, multilateralism is certainly needed, said Elyor Ganiev, deputy prime minister of Uzbekistan. Even though Uzbekistan is not a member of the WTO, the country began the process of accession to the organization in July.

In the first five months, the production index of the service sector registered a 7.3-percent growth.

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In the US, the unemployment rate in June fell to 11.1 percent, slightly down from its peak in April when it hit a record 14.7 percent, according to the US Bureau of Labor Statistics. The total number of unemployed was 17.75 million.

In the early 1960s, China suffered from natural disasters for three consecutive years, resulting in food shortages throughout the country. In the rural, disaster-stricken areas around East China's Jiangsu and Zhejiang provinces, many families chose to abandon their young children in large cities, such as Shanghai. The Shanghai orphanage took in many abandoned babies.

In the first half of the year, the Hong Kong-listed carmaker posted operating revenue of 39.4 billion yuan (.9 billion), up 118 percent year-on-year.

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In the first five months, the value of imported goods via the cross-border e-commernce in Tianjin reached 1.79 billion yuan, up 9.7 percent over the same period last year.

In the global drive against climate change, China has been consistently delivering on its environmental pledges.

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In the domestic market, Hyundai's car sales fell 1.7 percent to 344,130 vehicles, while the figure in overseas markets slumped 9.3 percent to 1,853,559 units in the cited period.

In the context of warming ties between China and Japan, the two countries should launch negotiations on an upgraded bilateral investment agreement as soon as possible, as well as start negotiations for a China-Japan free trade agreement.